Webcasts & Speaking Engagements
Steven R. vonBerg discussed "Loan originator rules and compensation structures" at the Mortgage Bankers Association Human Resources Symposium
Washington, DC
This session discussed:
- Refresher on the LO compensation rule and interpretation
- LO compensation scenarios – What we’re hearing from the street
- What’s allowable, what’s not, and what’s still grey
- Tiering structures, pick-a-pay plans, expense management branch structures and teaming arrangements
- Varying compensation by different loan types, lead sources, states
- LO clawbacks
- LO compensation changes to match competition
- Wholesale lending and the mortgage broker
- MBA Task Force on LO Compensation